₦airaland Forum

Pls tell me your alternative? $19 billion refinery…he has earned our respect

Kobojunkie:
All of these, policies to benefit Dangote and Dangote alone, right? Una no dey tire to sell una selves cheap to your pillagers?

MasterTeeUSA:
Do you ever complain that google is too big? If Dangote can save us, so be it

Dangote can't save Nigeria. He has yet to save even the very communities in which his many companies are located in. So what makes you think it makes sense to put the load that is Nigeria — the lives of over 200 million people — in the hands of a man who until now has worked primarily for his selfish gain, kind of like your many politicians have?

slimfit1:
If you know this much why didn't you contest.

Everyone is not a politician. Bill Gates, Warren Buffet, etc are not politicians. Politics is not the only gig in town.

OriOko88:

Dey play dangote. The same APC that could not turn it around for 11 years??

Leave story oga. Tell ur Mafia caucus we want action and results,not ''we can' 'we will. Nonsense

Just be yapping nonsense proudly as if anyone of them owes you anything? instead of scheming a scheme to get yourself out of the poverty you find yourself in, you are telling Dangote & Co that you want action & results on your life, or the Nigerian economy?

Kobojunkie:
Dangote can't save Nigeria. He has yet to save even the very communities in which his many companies are located in. So what makes you think it makes sense to put the load that is Nigeria — the lives of over 200 million people — in the hands of a man who until now has worked primarily for his selfish gain, kind of like your many politicians have?

Haba, What kind of nonsense is this masterteeusa, one man save the Federal Republic of Nigeria?

A federation is not established to be saved by a single person, that is why it is a federation of states.

Be it Tinubu or Dangote? Una too dey lazy one track minded for that country with your military mentality in a purported democratic dispensation, always looking for a messiah, instead of critical thinking social approach.

Dangote u are one of the Nigerian problem, is better una turn the economy arround within a month b4 it's too late to avoid what happened in Kenya happened in Nigeria. And I believe Nigeria own would be more worsted than that of Kenyatta.

mukthar2000:
Dangote u are one of the Nigerian problem, is better una turn the economy arround within a month b4 it's too late to avoid what happened in Kenya happened in Nigeria. And I believe Nigeria own would be more worsted than that of Kenyatta.

Nothing is happening, The Federal Republic of Nigeria is not Kenya.

Everyone should go and hold their state governors accountable for their hunger, let us see how far they get.

MasterTeeUSA:
Pls tell me your alternative? $19 billion refinery…he has earned our respect

No, not my respect! This man has been working with the government for the most part of the last 2 decades and in all that time, he has not had what anyone would remotely consider a positive impact on the general economy, in any sector for that matter. Why only Dangote Refinery? Is he the only man in all of Nigeria who could be helped by the government to build a refinery? Why aren't there many other privately run refineries aided by the government?

Africa’s richest man has a built-in advantage with Nigeria’s government
By
Feyi Fawehinmi
and Commentary
PublishedOctober 11, 2017
To start to understand how Aliko Dangote, Africa’s richest man, came to have such influence over the Nigerian government, it is useful to go back in time to 2003. Before then, he was a Nigerian billionaire just like any other.

But in the run up to the 2003 election campaign, president Olusegun Obasanjo had a famous falling out with his vice president, Atiku Abubakar, over the latter’s attempt to succeed him as president after only one term. Obasanjo had also been operating on the understanding that Atiku, as the People Democratic Party’s (PDP) money man, would fund his re-election campaign.

But Atiku told him that all the money had been spent during Obasanjo’s turbulent first term, notably on lobbying the national assembly not to impeach him on two different occasions. Without access to the party’s old fundraising machine, Obasanjo was left with no choice but to find his own new donors....continue reading
https://qz.com/africa/1098137/africas-richest-man-has-a-built-in-advantage-with-nigerias-government

budaatum:
Would Nigerian you vote for him if he contests?

do they count votes in the country?

The structure is the issue. The civil war left such a huge war booty, it couldn't be moved across territories in a year or two so they cemented a structure that guarantees the steady flow of the booty towards the victor. To conceal the status of the victor as the beneficiary of the booty, they declared no victor, no vanquish thing.
That booty, though not fully exhausted yet, has been over-depended upon so much that it can't support the indolent and unproductive victors anymore.

No body seem to agree on how to stop the unproductive arrangement any longer.

Standing5:
The structure is the issue. The civil war left such a huge war booty, it couldn't be moved across territories in a year or two so they cemented a structure that guarantees the steady flow of the booty towards the victor. To conceal the status of the victor as the beneficiary of the booty, they declared no victor, no vanquish thing.
That booty, though not fully exhausted yet, has been over-depended upon so much that it can't support the indolent and unproductive victors anymore.

No body seem to agree on how to stop the unproductive arrangement any longer.

Civil war that ended 54 years ago is the issue, which booty?

Lazy minded people will always find something or someone else to blame for their own shortcomings.

Coming to advise government on policies that that will improvise more Nigerians and make you guys richer. Anyone believing on this committee is daydreaming.

OriOko88:
Pdp tried by clearing the country's debt. Pdp regime had the highest external reserve ever. Google it. Naira was steady against the dollars during the 16 years of pdp. Naira never went beyond 200 to $. Google it. Bag or rice was 8k in 2014 during pdp govt. Google it.So don't just compare the two.

You get time dey explain to ZOMBIE.

Intergrated:
do they count votes in the country?

Yes, they obviously do. Can't count your's though if you don't vote.

Yusman316:
The conditions then and now are not the same. Covid caused the global economy to slow down, Fulani terrorists have made farming next to impossible, crude oil production output has declined. And since 1999 none of the previous administrations has really left any tangible development for it predecessor to build on. All they leave behind are a mess to be cleaned up

Useless excuses.

blacknp:
Civil war that ended 54 years ago is the issue, which booty?

Lazy minded people will always find something or someone else to blame for their own shortcomings.

War ended but crude oil was so big and had to be moved gradually over decades so they cemented the sharing structure we have used to this day. That's a summary. The war meant the victor dictates the tune and that's why they built so many things around crude oil money.

Image123:
Short memories.

He asked you to goggle it and you wrote short memories,

Is that how to Google and come with answers?

OriOko88:
Pdp tried by clearing the country's debt. Pdp regime had the highest external reserve ever. Google it. Naira was steady against the dollars during the 16 years of pdp. Naira never went beyond 200 to $. Google it. Bag or rice was 8k in 2014 during pdp govt. Google it.So don't just compare the two.

Why are you responding to someone that has a brain but won't use it. The worst of PDP is even better than the best of apc.

Yes we know that but we did not ask for it to be destroyed in months sir

So lets be guided

Standing5:
War ended but crude oil was so big and had to be moved gradually over decades so they cemented the sharing structure we have used to this day. That's a summary. The war meant the victor dictates the tune and that's why they built so many things around crude oil money.

Very little crude oil discovered in the South East of Nigeria then, don’t be confusing crude oil, with palm oil o?

Mind you the States had been created just before the civil war to stop some crooks trying to claim what was not theirs.

Can't we have foreign based president for once, like local presidents don't Know their left from their right again. Let's sign Canadian prime minister for 6months, New Zealand prime minister for another 6 months, let them help Nigeria out. It boils down to one thing, leadership!

Ttalk:
Many of you talk as if God created heaven and earth in 2015.

Why can't PDP do it in 16 years?

You still dey talk!

Welcum:
You called capitalists to come and create business opportunities for themselves, not to come and make the economy better.

Jah bless for this truth.

Wale e show? E don never show oo, oti clear....
Na Naija we dey. Observation mode. Talk is cheap. Nor be today. Well may peace be unto Nigeria and we pray for good things to come but I am afraid because president was a master strategist in Lagos but got lost at the federal level as a president. Dangote is an Emperor in Dangote group but not at the federal level.

Shebi they spoilt it in months.

travelzcruix:
Can't we have foreign based president for once, like local presidents don't Know their left from their right again. Let's sign Canadian prime minister for 6months, New Zealand prime minister for another 6 months, let them help Nigeria out. It boils down to one thing, leadership!

Not quite. It boils down to leadership and structure. Why do you think foreign coaches fail in Nigeria and Africa?

ijustdey:
He stated this on Thursday while briefing State House reporters after President Bola Tinubu inaugurated the Presidential Economic Coordination Council (PECC).



https://www.channelstv.com/2024/07/04/nigerias-economy-can-be-turned-around-in-months-dangote/

Crank talk

Did he just call Tinubu incompetent?

Baba has been in charge of the economy for more than a year with nothing to show. Things have gone worse.

Obaaderemi2:
Not quite. It boils down to leadership and structure. Why do you think foreign coaches fail in Nigeria and Africa?

Yeah, you are right. Structure matters also but it seems Nigeria has just been structured to fail.

Tayorshd87:
PitObi and his urchins will be unhappy about.this news .

Well Jagaban has promised and we are hoping for the best soon

People like you are the problem of this country. You have seen how useless BAT is, see how he destroyed the country's economy.

Dangote is promising Nigerians that the country in few weeks from now things will change.

Cant you see that BAT is helpless and don't know what to do?

Unfortunate, you can't think right too just like your president. The only thing you think about is Peter Obi.

Shameless people every where. You should be the one that should not be happy about the development because, it's a proof that BAT have no capacity to rule.

Ttalk:
Many of you talk as if God created heaven and earth in 2015.

Why can't PDP do it in 16 years?

then a bag of rice was 8000 but now 80,000

Vision101:
Very sweet and easy to advise on social media. Try and be on the saddle and you will know that it's a different story.

You see eey... When I was external auditor anytime I examine company records I used to write stincker as audit query. I will assume the highest stand and condemn accountants that don't keep to them.

When I became company accountant my opinion changed. I then realized that there are so many extraneous factors that work against keeping of high standards.

A man who is truly qualified to advise is he who has the knowledge of theory and has equally been on the saddle.

Most homes look so easy and beautiful from outside but inside them there are many contentions.

I celebrate the feats you’ve achieved in your career. My submission still stands that everything has been subjected to political fervor and not nation building.
I’ll share two personal experiences of why exporters and foreign investors struggle.

Exporters:
2016, I had a gig to make delivery of grains to a foreign merchant. I went from Abuja to Bida in Niger state by road, crazy experience (folks up there pray on the roads impeding traffic flow). Got to the grains market there bought samples, made quotes finalized plans.
I asked, what would it cost to transport these goods to Lagos, the seller said, (and here’s the government impact)… there is a shorter route between Niger state and Lagos but there are robbers on that route and we don’t use it anymore, the other route, the roads are bad but safer. So the price ended up being at about 200-250k per cargo.
My questions - how would governors, who have a constitutional/social contract and duty to protect lives and properties seat, take salaries and watch these things destroyed?
Are you aware of how much goods that have been lost to theft and bad roads hence discouraging investment into exports?
Have you seen an industrialized country where railway isn’t a priority? Linking ports and regions?

Second story - investors
2018, I accompanied someone to a customs yard in ikorodu. This was touted to be the graveyard of peoples investments and dreams. I had to see it myself.
Containers upon containers all considered forfeited due to exorbitant demurrage charges.
Now here’s the problem, they take out what they like (the good stuff), and auction the rest at ridiculous prices to anyone.
I visited a guy, a returning customer as well, he has a spot a short distance from the yard. I saw expensive manufacturing equipment, pumps, radiators, electronics, generators etc. all being sold as expensive scrap.
My questions, taking a high handed stance to the detriment of the company, job security at the company and economic collapse or being flexible with custom duties which would be better? Is the government not aware of this racket? Which policies show genuine support for manufacturers?
Is it the exorbitant or illegal export duty charges that have been reported severally in the dailys perpetuated by custom officials.

In other climes it is possible to clear goods without completion of the whole custom fee, you’re given a ticket (bill) and timeframe to pay up, they are aware of the importance of the equipment to your business and they hope and wish you well.

There’s so much more to tell but what I do know is the politicians are implicit/complicit and complacent in all of this. They only care about their pockets. The irony of this is they need a thriving economy to steal, but we have the unlucky combination of unintelligent, greedy and corrupt politicians.